McAlpine paying some suppliers weekly to head off threat of firms going under

By Dave Rogers2022-06-15T10:46:00

Chief executive says supply chain is ‘number one concern right now’

Sir Robert McAlpine has moved some of its supply chain onto weekly payments so concerned is it by the threat of subcontractors being unable to ride out rocketing labour and materials costs.

The firm normally takes 27 days on average to settle its bills but has begun paying some fortnightly and weekly to help companies’ cashflows.

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